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4525 Lemmon Ave, Dallas, TX...

Updated Jan 2, 2026

Windward Partners VII Acquires Property From Pastoral Counseling Center At 4525 Lemmon Ave Dallas
SOLDOffice

Windward Partners VII Acquires Property From Pastoral Counseling Center At 4525 Lemmon Ave Dallas

4525 Lemmon Ave, Dallas, TX, 75219

Building Size

29,150 SF

Asset Type

Office

Closing

Nov 19, 2023

About this deal

AI

The property asset involved in the transaction is located at 4525 Lemmon Avenue, Dallas, TX, 75219. This office asset spans 29,150 square feet and is situated in the Dallas market within the Uptown/Turtle Creek area. At the time of the sale, the property was 90 percent leased to various tenants, including Dallas Yoga Center and Guaranteed Fitness.

Summary of transaction details:

David Glasscock of CBRE represented the seller, Pastoral Counseling Center, which will lease back 10,456 square feet at the property. Additionally, Harrison Horowitz, along with Randy Horowitz of SHOP Cos., represented the buyer, Windward Partners VII.

Players

David Glasscock

CBRE

Broker

1 deal

Broker
SHOP Companies
SHOP CompaniesBrokerage

Dallas Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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